Investing in Casino tokens such as BFG, OWL or TFS

[Beparanf]

Actually no Altcoin is stable. Be it gaming tokens or other coins. But gambling coins are less dump than other altcoins. Because gambling coins are used by many gamblers for gambling.  And many people are buy it and Hold or Stake. So its price is often seen increasing. And as such OWL token is a good gambling coin.  Which is already very popular

Fair point and in addition, Usually players that used token for gambling lose in the game and there’s only few manage to win in gambling due to house edge and human error so gambling tokens usually don’t stay long on holders wallet except for those holders that just holding and stake there tokens for passive income but the majority of token holders that just get there tokens from rakeback by playing in the casino usually that ever landed on exchange to sell.

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[Eureka_07]

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I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

[Jemzx00]

I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

If I am correct on assuming, the one that you would not choose to invest on is OWL? Upon checking on these three tokens, it looks like OWL and BFG would be the two tokens that would be better to invest on. I tried to on their chart, both of these tokens has good potential on the long run unlike TFS that very low to none movement on it's price.
PS. Not a financial advice as well.

Anyways, it will still depend on these casino if there will be more updates which will probably affect their price and value on the market. There various factors that needed to be checked at before investing. Just as what other people say, DYOR before investing.

[virasog]

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I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

Yes, why would anyone invest in anyone of them? Why not divide your investment in all of these tokens? This way you will get reduce the risk in case any token/platform does not perform well.

Generally, all of these tokens are good ones as they have a perfect use case as they are the tokens of the gambling platform and people use these tokens to gamble on these sites.

[Ulven]

The market is always inclined towards the utility. The utility of a token is based on the extent of its usage which can be attributed to its utility. Apart from this there are other factors that need to be considered for making it more appealing for people. For example, gambling tokens are free of cost and hence more people can adopt it than others. In addition to these, development teams behind tokens also play a vital role in creating more use cases than other tokens.

[Oilacris]

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I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

Yes, why would anyone invest in anyone of them? Why not divide your investment in all of these tokens? This way you will get reduce the risk in case any token/platform does not perform well.

Generally, all of these tokens are good ones as they have a perfect use case as they are the tokens of the gambling platform and people use these tokens to gamble on these sites.

Some of the coins arent really that in line with its company itself yet there are traders which do scalp out with this coins volatility which arent really that connected on whats happening around on the platform which does simply means that it is really truly an independent type of reason on such movement or able to sustain out on a market that do really shows off opposition.

When you do make out decisions on investing with these coins then it is really that depending on you since its your money and if you do see that it is really worth for you to dive in then
its your choice on doing so.

There's nothing on this world could able to predict out on whats ahead specially on things that we do expect for its  value to rise.Diversifying would be a solution
but we know that not all does have the funds on doing so.

[goaldigger]

The market is always inclined towards the utility. The utility of a token is based on the extent of its usage which can be attributed to its utility. Apart from this there are other factors that need to be considered for making it more appealing for people. For example, gambling tokens are free of cost and hence more people can adopt it than others. In addition to these, development teams behind tokens also play a vital role in creating more use cases than other tokens.

If there’s a utility and the site is ok, then i think investing on those casino tokens can be a big thing especially if you are also a player on that site. Though, this may not rewarding since this is a utility token and most of the time only the gamblers support this kind of token, but if you see any good analysis with that tokens then why not. There’s a big role for this utility token, their purpose is to provide liquidity and maybe this can be a big token for that site and gamblers will have no choice but to adopt it.

[TimeTeller]

The market is always inclined towards the utility. The utility of a token is based on the extent of its usage which can be attributed to its utility. Apart from this there are other factors that need to be considered for making it more appealing for people. For example, gambling tokens are free of cost and hence more people can adopt it than others. In addition to these, development teams behind tokens also play a vital role in creating more use cases than other tokens.

If there’s a utility and the site is ok, then i think investing on those casino tokens can be a big thing especially if you are also a player on that site. Though, this may not rewarding since this is a utility token and most of the time only the gamblers support this kind of token, but if you see any good analysis with that tokens then why not. There’s a big role for this utility token, their purpose is to provide liquidity and maybe this can be a big token for that site and gamblers will have no choice but to adopt it.

Much better if you are a regular player of the site as you can keep up with their updates.
You can also track their progress if you are an active player, so you will have an idea how they are doing with their business.
But if you will buy the token and just let it stake, and come back after a while, you may miss something important.
Look for other use case of the token itself as it may add its survival in the market.
Is the team looking for other applications other than casino token only?

[Erdogan]

If the token has a good utility use case, that's very good. Let's take a look at meme tokens that don't have any utility, and last year you could make very good money on them. Most tokens have only speculative value, and looking at how the cryptocurrency gambling market developed during the pandemic and lockdowns, it can be suspected that online casinos, and thus the tokens created by them, should continue to gain value.

[BobK71]

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!
 

All the three projects you mentioned have gained quite good reputation on the gambling site as of lately. Especially owl games is different from others. It conveys DAO token which greatly attracts gamblers including investors, for this reason gradually it is getting the top position. Just look in the bearish market all the coins price reduce drastically but gambling coins are most likely stable or some coins is increasing. As the crypto market improves, the position of these tokens will improve, especially Owl Dao will take the better position.

Actually no Altcoin is stable. Be it gaming tokens or other coins. But gambling coins are less dump than other altcoins. Because gambling coins are used by many gamblers for gambling.  And many people are buy it and Hold or Stake. So its price is often seen increasing. And as such OWL token is a good gambling coin.  Which is already very popular

Yes, that's right. Gambling tokens are always needed by gamblers to continuing their playing . As a result they are forced to purchase the tokens. If there is a good gambling token then many people think to hold. Consequence of this, in most cases the shortfalls that occur in the bearish market may not have any effect on gambling tokens. Among the mentioned sites, Owl Games is one such gambling site that have good reputation in the current market.

[mak013]

I don`t think that this is a good idea to invest in casino tokens. It is possible that they pumps sometimes, but i doesn`t depends on the casino most of the times. And casino have to invent some system like as frozen tokens to make investors don`t sell it.
Such tokens may be interesting if casino develops their own blockchain and use their tokens as a commission for example, but it is heavy expenses for the casino that they don`t need.

[RealMalatesta]

Are these things similar to what we had in the 1990s and 2000s before Crypto - like buying "William Hill" or "Ladbrokes" stocks? Is it more or less the same thing just in Crypto?

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!

I always thought that it's about how the casino would approach this. I mean think about it, if you build a casino and then people end up with buying the shares of it, then it would be a bit of a trouble. I mean think about it, if the ownership is with the people, and not with the team.

So in that case, people who are holding the income, telling the team to spend their limited amount that they used to sell the tokens, and use that for marketing to make a lot more money. I do not get it that much, what's the point of it for the team? That's why I believe we shouldn't really be doing anything crazy and expecting them to do something like that.

[babygun]

I don`t think that this is a good idea to invest in casino tokens. It is possible that they pumps sometimes, but i doesn`t depends on the casino most of the times. And casino have to invent some system like as frozen tokens to make investors don`t sell it.
Such tokens may be interesting if casino develops their own blockchain and use their tokens as a commission for example, but it is heavy expenses for the casino that they don`t need.

I don't really agree and everybody needs to do their own calculations to see if it is interesting or not. If you look at Betfury for example, they got a maximum cap in place and do monthly burning programs also.

[stomachgrowls]

I don`t think that this is a good idea to invest in casino tokens. It is possible that they pumps sometimes, but i doesn`t depends on the casino most of the times. And casino have to invent some system like as frozen tokens to make investors don`t sell it.
Such tokens may be interesting if casino develops their own blockchain and use their tokens as a commission for example, but it is heavy expenses for the casino that they don`t need.

I don't really agree and everybody needs to do their own calculations to see if it is interesting or not. If you look at Betfury for example, they got a maximum cap in place and do monthly burning programs also.

When it comes to investment then it would always fall on someones perception and preference when it comes on projects or coins which they do really believe and see that it would really be having that

potential or something worth for them to dive in and hold it or invest on it for long term purposes.Some might really be just ignoring but there were people who are able to see and take up some risk
depending on what he do saw.We might be having some impressions that these kind or type of coins werent really that good but we cant really assure of that.

Its up to you whether you would be investing or not and speaking with Betfury token if they are making those monthly burns and demand do retain then
expect on what would be the outcome.

[iv4n]

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!
 

All the three projects you mentioned have gained quite good reputation on the gambling site as of lately. Especially owl games is different from others. It conveys DAO token which greatly attracts gamblers including investors, for this reason gradually it is getting the top position. Just look in the bearish market all the coins price reduce drastically but gambling coins are most likely stable or some coins is increasing. As the crypto market improves, the position of these tokens will improve, especially Owl Dao will take the better position.

Actually no Altcoin is stable. Be it gaming tokens or other coins. But gambling coins are less dump than other altcoins. Because gambling coins are used by many gamblers for gambling.  And many people are buy it and Hold or Stake. So its price is often seen increasing. And as such OWL token is a good gambling coin.  Which is already very popular

I didn't follow OWL price, maybe it's up... comparing with a few weeks/months earlier! But we can say the same for FUN tokens from Frebitco.in, and for BFG tokens from Betfury... those two I follow, and my balance these days is worth more than a few weeks/months ago!

OWL token price is calmer (if we can say it like that?!) than FUN and BFG token prices, but I guess it's because a lot more people have fun with FUN and BFG! OWL is simply too young... I see some people are shilling a lot about OWL, but simply it's too early to say anything! If I learned anything in crypto it's "give it a few years and see how it handles before making any long-term predictions"!

[darkangel11]

OWL is actually down. You need to get your perspective fixed guys
It did not lose a lot of value in the last 6 months because it was already down from its high in November 2021, where it was trading for 0,5 USD and in December it was back to 0,17 USD. That's more than 60% loss in value and it continued to go down because now it's 0,11 USD so it's down almost 75% from its high and that's more than Bitcoin. Saying that it's a better investment in these hard times and that it's being stable is far from the truth.

[Hamphser]

OWL is actually down. You need to get your perspective fixed guys
It did not lose a lot of value in the last 6 months because it was already down from its high in November 2021, where it was trading for 0,5 USD and in December it was back to 0,17 USD. That's more than 60% loss in value and it continued to go down because now it's 0,11 USD so it's down almost 75% from its high and that's more than Bitcoin. Saying that it's a better investment in these hard times and that it's being stable is far from the truth.

Most of them are just staying on the floor on where people havent checked out on how deep is the dip of their current prices if we do compared into its actual ATH.It might not able to make out much movement
on past months which doesnt indicate that its price is holding well or we could say that theres really a demand.Why we cant just say that there were almost no people been dealing with these coins?
Prices wont really be moving that much if there's no activity behind buyers and sellers not only into this coin but also in other coins as well.
Best ones would be holding its value not really that less or too much in big percentages on drop value.

[Get-Paid.com]

OWL is actually down. You need to get your perspective fixed guys
It did not lose a lot of value in the last 6 months because it was already down from its high in November 2021, where it was trading for 0,5 USD and in December it was back to 0,17 USD. That's more than 60% loss in value and it continued to go down because now it's 0,11 USD so it's down almost 75% from its high and that's more than Bitcoin. Saying that it's a better investment in these hard times and that it's being stable is far from the truth.

It went down from $0.50 to $0.17 at times when Bitcoin wasn't falling that much, right?

[smartaction]

OWL is actually down. You need to get your perspective fixed guys
It did not lose a lot of value in the last 6 months because it was already down from its high in November 2021, where it was trading for 0,5 USD and in December it was back to 0,17 USD. That's more than 60% loss in value and it continued to go down because now it's 0,11 USD so it's down almost 75% from its high and that's more than Bitcoin. Saying that it's a better investment in these hard times and that it's being stable is far from the truth.

It went down from $0.50 to $0.17 at times when Bitcoin wasn't falling that much, right?

All coins in the market have lost their 60-80% value along with Bitcoin. But compared to that, the price of gambling coins has not decreased much. But as the price of Bitcoin rises, so does the price of gambling coins. So I mean buy and hold gambler coins are more likely to profit than lose.

[carlisle1]

OWL is actually down. You need to get your perspective fixed guys
It did not lose a lot of value in the last 6 months because it was already down from its high in November 2021, where it was trading for 0,5 USD and in December it was back to 0,17 USD. That's more than 60% loss in value and it continued to go down because now it's 0,11 USD so it's down almost 75% from its high and that's more than Bitcoin. Saying that it's a better investment in these hard times and that it's being stable is far from the truth.

It went down from $0.50 to $0.17 at times when Bitcoin wasn't falling that much, right?

All coins in the market have lost their 60-80% value along with Bitcoin. But compared to that, the price of gambling coins has not decreased much. But as the price of Bitcoin rises, so does the price of gambling coins. So I mean buy and hold gambler coins are more likely to profit than lose.

Possible to happen if you are holding casino token that has reliable business. If the casino shows good progress, the chance of your

Investment to grow is really high. You can say that the future is bright and adding more when you have spare is also a good choice

to do. Keep in mind that there are always good reason behind each project and casino coins, as utility can share investors passive

benefits.